Paypay transfer to "Paypal law enforcement seizure"
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Anyone have a issue where paypal holds your money for 180 days then 30 days from having to release it transfer it to a account owned by them an say nothing but law enforcement seizure, refuse to tell me what law enforcement agency still 30 days later. The money was a SBA loan deposited in my paypal cash plus account to keep my small business afloat. Any information from anyone would be greatly appreciated
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What's going on in this thread is beyond what the BBB is meant to handle, so I would advise everyone to file a complaint with the Consumer Financial Protection Bureau. It's not clear where PayPal falls on their form, but "Money transfer, virtual currency, or money service > Mobile or digital wallet" is a good fit. After that, start calling every news outlet you can contact - this is simply shocking, and you will find someone to listen to you.
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May 4th PayPal did the same thing to me I am from Arizona as well. Been over a year they have had this money and it’s over $6,000 no small change ya know. <removed>
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